Byanca Banaga, Administrative AnalystDepartment of FinanceFISCAL YEAR 2023 RECOMMENDED SCHEDULE OF TAXES, FEES, AND CHARGESMay 16, 2022City CouncilItem 12 Background
2 •The Schedule of Taxes, Fees, and Charges is reviewed annually.•Annual adjustments are based on the CPI’s of All Urban Consumers in the Los Angeles,Long Beach,and Anaheim Counties.>FY 2023 CPI = 7.3990% •To conform with Proposition 218, staff is not recommending changes to any tax rate, which is based on percentage.
Department of Finance
FY 2023 Schedule•The public notices published in the Pasadena Press on March 31, April 4, and April 7 of 2022 recommended that rates increase by 7.3990% •Upon adoption, the estimated fiscal impact will increase the revenues in the General Fund by approximately $143,100 and in other funds by $243,200•There are no additional changes necessary to the current FY 2023 Recommended Operating Budget3 Department of Finance
Fees Effective July 1, 2022•Fees are effective July 1, 2022 except:Grandstand Permit Application Tax;Rose Bowl Admission Tax;Grandstand Seat Surcharge Rates Approved by the City Council on December 13, 2021 and effective February 1, 2022.4 Department of Finance
Recommendation•After conducting a public hearing on May 23, 2022, adopt the FY 23 Schedule of Taxes, Fees, and Charges. 5 Department of Finance